Sep. 11 at 12:46 PM
Noble Capital Markets Research Report: Vince Holding Corp. (
$VNCE) – Core Momentum Builds Ahead of OVO
Strong Q2 Results. The company reported Q2 revenue of
$81.8 million and adj. EBITDA of
$18.0 million, both of which were above our estimates of
$80.8 million and
$6.8 million, respectively. Solid Q2 results were driven by double-digit revenue growth across DTC and wholesale channels, improved operating leverage, and a
$10.4 million tariff refund benefit. Notably, when excluding the refund, adj. EBITDA was approximately
$7.6 million, still above our estimate.
Read full report here: https://www.channelchek.com/news-channel/vince-holding-corp-vnce-core-momentum-builds-ahead-of-ovo
